everyone communicates. it’s the essence of the human experience. how we communicate is evolving. technology is reshaping the way we live, learn and thrive. the epicenter of this transformation is the network—our passion. our experts are rethinking the purpose, role and usage of networks to help our customers increase bandwidth, expand capacity, enhance efficiency, speed deployment and simplify migration. from remote cell sites to massive sports arenas, from busy airports to state-of-the-art data centers—we provide the essential expertise and vital infrastructure your business needs to succeed. the world’s most advanced networks rely on commscope connectivity.
Company profile
Ticker
COMM
Exchange
Website
CEO
Marvin Edwards
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
CommScope, Inc. • CommScope Technologies LLC • CommScope Connectivity LLC • CommScope EMEA Ltd • ARRIS US Holdings, Inc. • Ruckus Wireless, Inc. • ARRIS Solutions, Inc. • ARRIS Technology, Inc. • ARRIS Enterprises LLC • ARRIS Global Services, Inc. ...
IRS number
274332098
COMM stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
15 Apr 24
EFFECT
Notice of effectiveness
15 Apr 24
8-K
Departure of Directors or Certain Officers
2 Apr 24
S-3/A
Shelf registration (amended)
29 Mar 24
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEFA14A
Additional proxy soliciting materials
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
8-K
Unregistered Sales of Equity Securities
14 Mar 24
EFFECT
Notice of effectiveness
6 Mar 24
S-3
Shelf registration
1 Mar 24
Transcripts
COMM
Earnings call transcript
2023 Q4
29 Feb 24
COMM
Earnings call transcript
2023 Q3
9 Nov 23
COMM
Earnings call transcript
2023 Q2
3 Aug 23
COMM
Earnings call transcript
2023 Q1
4 May 23
COMM
Earnings call transcript
2022 Q4
23 Feb 23
COMM
Earnings call transcript
2022 Q3
3 Nov 22
COMM
Earnings call transcript
2022 Q2
7 Aug 22
COMM
Earnings call transcript
2022 Q1
6 May 22
COMM
Earnings call transcript
2021 Q4
17 Feb 22
COMM
Earnings call transcript
2021 Q3
6 Nov 21
Latest ownership filings
3
Jennifer L. Crawford
22 Apr 24
4
Change in insider ownership
2 Apr 24
4
Kyle David Lorentzen
29 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
4
L WILLIAM KRAUSE
14 Mar 24
4
Claudius E. IV Watts
7 Mar 24
4
Kyle David Lorentzen
5 Mar 24
4
Linde Koen ter
5 Mar 24
4
Bartolomeo Giordano
5 Mar 24
4
Farid Firouzbakht
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 518.90 mm | 518.90 mm | 518.90 mm | 518.90 mm | 518.90 mm | 518.90 mm |
Cash burn (monthly) | (no burn) | (no burn) | 329.10 mm | 171.08 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 2.27 bn | 1.18 bn | n/a | n/a |
Cash remaining | n/a | n/a | -1.76 bn | -663.61 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | -5.3 | -3.9 | n/a | n/a |
Institutional ownership, Q3 2023
86.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 205 |
Opened positions | 30 |
Closed positions | 37 |
Increased positions | 77 |
Reduced positions | 62 |
13F shares | Current |
---|---|
Total value | 609.30 bn |
Total shares | 182.55 mm |
Total puts | 584.40 k |
Total calls | 10.67 mm |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 37.08 mm | $124.58 bn |
FPR Partners | 21.16 mm | $71.11 bn |
BLK Blackrock | 16.57 mm | $55.66 bn |
First Trust Advisors | 9.16 mm | $30.78 bn |
Wolf Hill Capital Management | 7.96 mm | $26.75 bn |
Weiss Multi-Strategy Advisers | 6.90 mm | $23.41 bn |
BAC Bank Of America | 6.89 mm | $23.13 bn |
STT State Street | 5.10 mm | $17.13 bn |
Charles Schwab Investment Management | 4.51 mm | $15.15 bn |
Geode Capital Management | 4.31 mm | $14.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 24 | Carlyle Group Inc | Series A Convertible Preferred Stock Common Stock | Other | Acquire J | Yes | No | 0 | 15,978 | 0.00 | 1,178,063 |
27 Mar 24 | Kyle David Lorentzen | Common Stock | Buy | Acquire P | No | No | 1.25 | 11,600 | 14.50 k | 712,475.465 |
13 Mar 24 | Krause L William | Common Stock | Buy | Acquire P | No | No | 1.5973 | 92,127 | 147.15 k | 320,000 |
12 Mar 24 | Krause L William | Common Stock | Buy | Acquire P | No | No | 1.5873 | 57,300 | 90.95 k | 227,873 |
1 Mar 24 | Linde Koen ter | Common Stock | Grant | Acquire A | No | No | 0 | 79,200 | 0.00 | 315,500 |
News
12 Information Technology Stocks Moving In Friday's After-Market Session
26 Apr 24
12 Information Technology Stocks Moving In Thursday's Intraday Session
25 Apr 24
Why Jabil Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session
15 Mar 24
Blend Labs Reports Q4 Results, Joins Alta Equipment, Despegar.com And Other Big Stocks Moving Higher On Friday
15 Mar 24
B of A Securities Maintains Underperform on CommScope Hldg Co, Lowers Price Target to $1
13 Mar 24
Press releases
CommScope to Release First Quarter 2024 Financial Results on May 9
17 Apr 24
RUCKUS Networks Launches AI-Driven Solutions for Hospitality
16 Apr 24
Xplore Selects CommScope to Deploy High-Speed Fiber Broadband in Rural Ontario
15 Apr 24
CommScope Unveils GigaREACH XL Solution Designed to Power and Connect Emerging Edge Devices
9 Apr 24
CommScope To Increase U.S. Based Manufacturing Capabilities for Fiber Connectivity Products
7 Mar 24